Overview
Key Servicesshow
Appeal of KFTC’s Decision and Administrative Lawsuits
Recognizing that outcome of litigation has a significant impact on our clients, our seasoned and highly capable litigators, together with our industry experts and advisors, conduct thorough research, fact-finding and evidence analyses during each phase of a KFTC proceeding. As a result, we are fully prepared to successfully respond to any civil and/or criminal antitrust litigation stemming from KFTC decisions.
Antitrust Civil Compensation Litigation and Criminal Proceedings
The number of antitrust litigations arising from cartels has increased. Accordingly, the need for a comprehensive and adaptable strategy to such litigations has also increased. Members of our Practice has successfully advised and represented clients in administrative proceedings appealing KFTC decisions and in related civil and criminal litigations.
Competition Compliance Programs
We offer comprehensive and custom-tailored competition compliance programs. The consequences of failing to comply with competition laws are substantial, possibly leading to the imposition of heavy fines, civil damages claims, reputational damage, and even criminal sanctions. It is, therefore, essential for companies, particularly those with global operations and/or with high turnover, to establish a sound risk management and internal control program.
Key Experienceshow
Our clients include pharmaceutical companies, banks, securities companies, private equity funds, insurance companies, energy companies, construction companies, entertainment companies, broadcasters, telecommunications service providers, software developers, hardware manufacturers, IT companies, chemical companies, retailers, consumer product manufacturers, luxury goods manufacturers, auto makers, and auto parts manufacturers.
Our success in defending our clients in KFTC antitrust and criminal cases is unmatched. Some of our recent cartel and KFTC investigation cases where we obtained favorable outcomes include the following:
- Advised oil refining companies in a case where they were accused of unfair collusive act.
- Advised air carriers in a case where they were accused of unfair collusive act.
- Advised online music producers in a case where they were accused of unfair collusive act.
- Advised excavators in a case where they were accused of unfair collusive act.
- Advised four oil refining companies in a case where they were accused of unfair collusive act.
- Advised beverage companies in a case where they were accused of unfair collusive act.
- Appeal of the KFTC’s decision rendered against the Korea Liquor Industry Association which alleged a price-fixing cartel among soju companies.
- Appeal of the KFTC’s decision rendered against life insurance companies, which were alleged to have been involved in an interest rate-fixing cartel in relation to personal liability insurance.
- Appeal of the KFTC’s decision rendered against a leading ramen manufacturer which allegedly participated in a price-fixing cartel.
- Appeal of the KFTC’s decision rendered against automobile manufacturers/sellers which allegedly participated in a price-fixing cartel.
- Advised a digital wireless telecommunication manufacturer and related service providers in a KFTC investigation where the manufacturer was accused of abuse of market dominant position.
- Advised financial institutions in a case where they were accused of unfair collusive act.
- Advised open market operators in a case where they were accused of abuse of market dominant positions.
- Advised convenience store headquarters in a case where they were accused of unfair trade practices.
- Advised and represented screen golf companies in a case where they were accused of unfair trade practices and in a related investigation by the Prosecutors’ Office.
- Advised and represented mobile communications business operators in a case where they were sued for damages caused by alleged unfair solicitation of customers.
- Advised conglomerates in a case where they were accused of fraud.
- Advised steel companies, large distributors, MRO groups, financial institutions, etc. in cases where they were accused of unfair trade practices.
- Advised shipbuilding companies in a case where they were accused of violation of subcontracting laws.
- Advised automobile parts manufacturers in a case where they were accused of violation of subcontracting laws.
- Advised heavy industry companies in a case where they were accused of violation of subcontracting laws.
- Advised home shopping companies in a case where they were accused of violation of the Act on Fair Transactions in Large Franchise and Retail Business.
Related Expertise
Professionals
Key Contacts
Insights
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Recognitions
“Tier 1” in All Ten Practice Areas – Benchmark Litigation Asia-Pacific 2024
2024.05.08 -
Newsletters
Kim & Chang Legal Newsletter (2024 Issue 1)
2024.04.23 -
Select Matters
Represented Holding Company of Korean Conglomerate in Lawsuit That Revoked KFTC’s Disposition on Charges of Provision of Unfair Benefits to Related Party
2024.01.31 -
Select Matters
Seoul High Court Revokes KFTC’s Decision and Sanctions Regarding Alleged Abuse of Superior Bargaining Position
2023.07.13 -
Select Matters
Supreme Court Revokes KFTC Sanctions – Including KRW 31.3 Billion Fine – Imposed on Steelmaker for Alleged Involvement in Steel Scrap Metal Buyers’ Cartel
2023.05.25 -
Recognitions
“Tier 1” in All Ten Practice Areas – Benchmark Litigation Asia-Pacific 2023
2023.05.09